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Dec 31, 2012
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china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market, despite the economy growing 7%, 8%, 9% or so. as the chinese president said this morning, there will be policies put in place to support growth. and whatever nervousness in the transition is going to fade and policymakers can get more involved. >> we've seen this play out in the metal stakes. the best fourth quarter in two years, up 56%. iron ore prices. that's a real lead on demand. and especially as the chinese government makes all these nods toward urbanization plans and the need to update and invest in infrastructure. these are the areas where you want to be. >> yeah. also ties into what clearl
china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market,...
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Dec 3, 2012
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china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the cliff. that's what they think. they think that you favor -- >> just for the record since we're on tv. that's silly if they think that they shouldn't be ceos. >> it doesn't really matter. that's what they think. >> i want you to walk me up to that moment. >> behind the record.
china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father...
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Dec 3, 2012
12/12
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india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. introducing chase liquid. card hassles? the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >>> coming up, as you've heard, a key part of the debate is between raising t
india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what...
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Dec 28, 2012
12/12
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we closed down our manufacturing in china and relocated our manufacturing to the usa. for other companies to consider following our lead, they need to trust that our leaders in washington will actually lead. think outside the box. create incentive for businesses to invest in the u.s. economy. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550 i called one of their trading specialists tdd# 1-800-345-2550 and i bounced a few ideas off of him. tdd# 1-800-345-2550 they're always there for me. tdd# 1-800-345-2550 and i've g
we closed down our manufacturing in china and relocated our manufacturing to the usa. for other companies to consider following our lead, they need to trust that our leaders in washington will actually lead. think outside the box. create incentive for businesses to invest in the u.s. economy. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong....
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Dec 14, 2012
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Dec 28, 2012
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. >> i've been reading kissinger's book on china, but he raises's broader question which is important. unfathomable as it is to americans there are parts of the world where they do not believe in alienable rights, right? they don't believe in human rights in the way that we do. >> exactly. and when we try to impose it on them they consider it a violation of their sovereignty. >> exactly. >> china feels that way often. russia, same thing. how far do we go in promoting human rights? the trade off that we'll get here. the law gets passed and human rights violators in russia can't come year and now 1,000 children don't come to the united states and people who want them don't get them. >> my personal view, no. they're glad to take our money and they've long had to put their money overseas, but they do not want human rights promotion and we've seen that inside russia and we've seen that against the crockdown on the internet and this is just the latest interaction of the series of things going back for more than a year against the political opposition and what they see is the u.s.-sponsored
. >> i've been reading kissinger's book on china, but he raises's broader question which is important. unfathomable as it is to americans there are parts of the world where they do not believe in alienable rights, right? they don't believe in human rights in the way that we do. >> exactly. and when we try to impose it on them they consider it a violation of their sovereignty. >> exactly. >> china feels that way often. russia, same thing. how far do we go in promoting...
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Dec 3, 2012
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american companies very competitive and resilient, and companies are bringing back production from china and mexico because this is looking like a much stronger country in which to invest and build. those are very encouraging signs for the american economy. and people running america's businesses would say they are in the strongest position they have been in maybe a decade in terms of the ability they have to expand and grow. and if we are able to lift this threat, big tax increases on middle class americans, lift this threat of periodic threats of default, lift this threat of badly designed deep austerity on the spending side up front, then i think there's enormous potential for the american economy to grow faster going forward. >> and if you don't, the stakes, the consequences, are severe? >> oh, yeah. to go over this fiscal cliff, because republicans won't raise taxes, tax rates on the wealthiest 2% of americans, would subject the average american to big tax increase and enormous damage from the other cuts that would happen. and there's just no reason why the country has to go through
american companies very competitive and resilient, and companies are bringing back production from china and mexico because this is looking like a much stronger country in which to invest and build. those are very encouraging signs for the american economy. and people running america's businesses would say they are in the strongest position they have been in maybe a decade in terms of the ability they have to expand and grow. and if we are able to lift this threat, big tax increases on middle...
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know even better than i do her record on human rights, whether it was as first lady as she went to china or whether it's just when she goes out to places like india and sitting down and looking at women with microloan type of enterprises out, there helping them to make a good of their life, as often the principal breadwinner for the family. she does believe in human rights. i think that as this society of ours has so well progressed including the military as we got rid of don't-ask, don't-tell that once she's back out there just as a person that she will see that the next step on this is to actually recognize this marriage equality issue and i think that, you know, to put words in her mouth is wrong for me to do. you can see across america particularly as the young grow up that it's something that doesn't matter to them not in the wrong way but everybody is equal which is what america is about. i think that's what secretary clinton is about. >> it's not too early for you republicans to be talking about 2016. there are reports in politico, for example, that governors bobby jindal, bob mcd
know even better than i do her record on human rights, whether it was as first lady as she went to china or whether it's just when she goes out to places like india and sitting down and looking at women with microloan type of enterprises out, there helping them to make a good of their life, as often the principal breadwinner for the family. she does believe in human rights. i think that as this society of ours has so well progressed including the military as we got rid of don't-ask, don't-tell...
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Dec 20, 2012
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in china officials arrested nearly 1,000 cult members for spreading rumors about the end of the world. the ancient myans believed that the end of the world will happen on 2012. look at the clock right there. it's 5:50 a.m. in ahs rail why. time for sunrise, and lo and behold, they are all still there, so hope is out for us for tomorrow. we're back after this. icken potp and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. hello. mmm i can still see you. it's water from the drinking fountain at the mall. great tasting water can come from any faucet anywhere. the brita bottle with the filter inside. >> not the making sfwleen of the year. it's time for the poli side bar. at the same time also appeared to criticize herself. >> time making sfwleen, you know, i think there's some irrelevancy there, to tell you the truth. consider their list of the most influential people in the country and the world. some who have made that list. yo
in china officials arrested nearly 1,000 cult members for spreading rumors about the end of the world. the ancient myans believed that the end of the world will happen on 2012. look at the clock right there. it's 5:50 a.m. in ahs rail why. time for sunrise, and lo and behold, they are all still there, so hope is out for us for tomorrow. we're back after this. icken potp and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy...
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Dec 28, 2012
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china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the states. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, study them, and then customize them as appropriate for our own system. and yet in this one respect, they have been a little bit slow. we had this conversation 10 years ago. now, i will stic
china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too...
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china is the second-largest economy in the world. and definitely not a fiscal cliff there. but today's activity i thought was amazing when you consider there's still so much left undone and as john just said, everything he said was tax, tax, tax. >> amazing like a head scratcher? >> yeah. i get the fact we had five straight down days and we were oversold. i don't think you get a solution that rallies this market 2% tomorrow, even if it's everything everybody wanted to hear. >> right, the fact of the matter is, they may agree on taxes but taxes across the board pretty much are going higher and there's still the debt limit issue and then the spending cuts issue. >> that's the thing. you nailed it. the debt ceiling conversation is going to be a weapon of force and it's something that's going to be hanging over this market. i heard nothing about entitlements. a house that wasn't even going to vote for boehner's plan b, which was $1 million in terms of the tax increases. i'm a little skeptical and i'm more worried about what happens from here. >> i think tim hit it right on the
china is the second-largest economy in the world. and definitely not a fiscal cliff there. but today's activity i thought was amazing when you consider there's still so much left undone and as john just said, everything he said was tax, tax, tax. >> amazing like a head scratcher? >> yeah. i get the fact we had five straight down days and we were oversold. i don't think you get a solution that rallies this market 2% tomorrow, even if it's everything everybody wanted to hear. >>...
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Dec 30, 2012
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china, cutting its growth forecasts, india doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you know, let's be clear here. that's, that would take some time. there would still be time for some kind of a deal. but it's the uncertainty that is really driving everybody's nerves in all of this. it's going to affect commodity prices in countries like brazil. countries like russia, everybody is in this together. waiting to see what happens up there. >> you're absolutely right. we're going to be watching those international markets to see how everybody is reacting. it's this whole big chain, jim, thank you for that back home, the senate is still trying to work towards a deal as jessica just told us, senator harry reid earlier said that he is in fact hopeful about reaching a deal. listen. >> with 36 hours left until the country goes over the cliff, i remain hopeful but realistic about the prospects of reaching a bipartisan agreement. at some point in the negotiating pro
china, cutting its growth forecasts, india doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you know, let's be clear here. that's, that would take some time. there would still be time for some kind of a deal. but it's the uncertainty that is really driving everybody's nerves in all of this. it's going to affect commodity prices in countries like brazil. countries like russia, everybody is in this together. waiting...
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Dec 10, 2012
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if you are general electric, which has been a major outsourcer of jobs to china and other countries, do you think you're going to be talking about trade policy in the united states of america or maybe nuclear power in the united states of america? >> but this puzzles me. the fcc tried to do essentially the same thing four years ago, as you know, in the last year of the bush administration. and the senate went on record against it. you passed a strong resolution to say, "this far and no further." why would president obama's fcc chairman, try to do now what the republicans couldn't do then? >> that is a very good question, bill. and i don't have the answer. and it's not only that the senate passed a strong resolution. there were public hearings. and there was the opportunity for the public to give input into this decision making process. and huge numbers of people said, "wait a second, we do not need more media consolidation in america." senate came on record. so why the obama administration is doing something that the bush administration failed to do is beyond my understanding. and we
if you are general electric, which has been a major outsourcer of jobs to china and other countries, do you think you're going to be talking about trade policy in the united states of america or maybe nuclear power in the united states of america? >> but this puzzles me. the fcc tried to do essentially the same thing four years ago, as you know, in the last year of the bush administration. and the senate went on record against it. you passed a strong resolution to say, "this far and...
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Dec 20, 2012
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where is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending down, we have some other parts of our business that are doing extremely well. you mentioned some of the mechanics business we're involved in which we call our consumer technology business. that has nothing to do with electronics so we don't have to sell any electronic hardware for those businesses to perform well. parts of our business are a reflection of the economy and other parts of our business are growing very robustly. so i'm very hopeful for the balance of the year and, you know, i think the company is diversified enough to take advantage of whatever opportunities are out there. >> okay. i am so
where is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending...
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Dec 30, 2012
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and, you know, i was in china and the china -- chinese leaders understand this. they don't deny their climate problem. they are engineers and they're rationale, and they don't want to be addicted to fossil fuels the way the united states is and have to protect the supply line around the world, so they are, number one in solar panels, wind power and nuclear power, building thirty nuclear power plants. so i don't -- but, of course, they do have a major problem with so many people in poverty and they're -- and they need -- they know they need to get them out of poverty or they may -- their government may not survive. so the -- of course, they're doing everything they can to raise the standard of living, but they are planning, by the middle of the century, to really have all their electricity from -- both india and china are really looking to go non-fossil fuel. but to make that happen soon enough, we have to have a price on carbon. >> well, i'm gonna touch quickly on the keystone xl pipeline then we're gonna have the audience participation. theve been an opponent of
and, you know, i was in china and the china -- chinese leaders understand this. they don't deny their climate problem. they are engineers and they're rationale, and they don't want to be addicted to fossil fuels the way the united states is and have to protect the supply line around the world, so they are, number one in solar panels, wind power and nuclear power, building thirty nuclear power plants. so i don't -- but, of course, they do have a major problem with so many people in poverty and...
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Dec 21, 2012
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i want to bring it to your attention, the issue is the fact that the food and safety authorities in china were testing chicken that was supplied to cfc restaurants for excessive antibiotics there. the finding by the shanghai food and drug administration is, of course, a blow to kfc's reputation in china. they are already experiencing a lot of competition there. the update on this story is that yum has since issued a statement saying that they are cooperating with the government's review of these two poultry suppliers, and as such they do not anticipate to see a shortage of product supply. as you can see from the chart, we were down about 4% from yum. >> all right, thank you so much. we are waiting on president obama's statement on the state of negotiations in washington. the president is meeting right now with majority leader harry reid. they're meeting now, and at 5:00 p.m. eastern we are told the president will make a statement, which we will carry live for you right here on cnbc. keep it here as we take you live to the white house with the president. coming up, my observation on what t
i want to bring it to your attention, the issue is the fact that the food and safety authorities in china were testing chicken that was supplied to cfc restaurants for excessive antibiotics there. the finding by the shanghai food and drug administration is, of course, a blow to kfc's reputation in china. they are already experiencing a lot of competition there. the update on this story is that yum has since issued a statement saying that they are cooperating with the government's review of...
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Dec 24, 2012
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we know china's economy is on the mend. that's good news for mgm china. they have one resort right now but back in october mgm got permission to build a hotel and casino on the strip which is a huge new development of macau. it will take years to get this up and running. most don't expect it to open until 2016 or 2017 but gives mgm growth down the road. so the out years might be much better. that's it. growth guys love that stuff. mgm popped off lows. not caught the bottom here. if you wait for fiscal cliff related pullback, you probably will do better and you know they'll give us a couple. bottom line, in this uncertain environment, there's nothing better than a good old fashioned turn around story. mgm gives you a three headed turnaround. clean up the balance sheet, vegas is improving, china is growing too. bet on mgm when the fiscal cliff looms next strike and this as well as all other stocks get hammered. craig in my home state of new jersey. craig? >> caller: how are you doing? >> what's going on, partner? >> caller: calling about expedia. the recent
we know china's economy is on the mend. that's good news for mgm china. they have one resort right now but back in october mgm got permission to build a hotel and casino on the strip which is a huge new development of macau. it will take years to get this up and running. most don't expect it to open until 2016 or 2017 but gives mgm growth down the road. so the out years might be much better. that's it. growth guys love that stuff. mgm popped off lows. not caught the bottom here. if you wait for...
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emissions are down global emissions are up what he is saying and i know that china is not a political but what do you say to people in need in new jersey who lost their homes to hurricane sandy i say hurricanes happen for you even beyond that like this for you to even bring up hurricanes we're going the longest period without a major category three or larger hurricane making landfall since at least one thousand nine hundred eighty s. the one water hitting us are much bigger the atmosphere has fired listen to her and it's i think it is just a two thousand mile down on her i was going to tornadoes coming across they're not having the big tornadoes are down dramatically since the one nine hundred fifty s. your fifty's which are idolizing with the progressive eisenhower had much worse tornadoes then we could even contemplate a new study out on drought trend in droughts at least eighty five years new study out on the floods what are you talking about right now sixty years old around the stadium you get a drop target change in and out trends though if you go back far enough sure you can pic
emissions are down global emissions are up what he is saying and i know that china is not a political but what do you say to people in need in new jersey who lost their homes to hurricane sandy i say hurricanes happen for you even beyond that like this for you to even bring up hurricanes we're going the longest period without a major category three or larger hurricane making landfall since at least one thousand nine hundred eighty s. the one water hitting us are much bigger the atmosphere has...
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Dec 20, 2012
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it's doing brutal in china and in terms of sales, they're used to double-digit gains in china. they saw double-digit negatives in china. so, the take away is, they're managing their business extremely well, despite weakness in china and north america is strong right now, so, if you believe in the thesis that the u.s. growth will be outstripping a lot of parts of the world, than nike looks pretty good right now. >> thank you for that, brian. and so some degree, we knew about the weakness in china, talked about inventories in china. >> we suffered the china weakness in the june quarter. that's where these guys -- they missed, they got destroyed that day and this is a company that has actually typically beat it over the last two years. but china is 11% of their sales. as much as it's exciting to talk about nike in china, this is not their holy grail. they still need to compete. the u.s. is 37% of sales. europe is 17% of sales. at 20 times earnings, these guys with 20% roe, these guys are worth owning here and 2% div. broke through 100, the stock actually looks like it's breaking o
it's doing brutal in china and in terms of sales, they're used to double-digit gains in china. they saw double-digit negatives in china. so, the take away is, they're managing their business extremely well, despite weakness in china and north america is strong right now, so, if you believe in the thesis that the u.s. growth will be outstripping a lot of parts of the world, than nike looks pretty good right now. >> thank you for that, brian. and so some degree, we knew about the weakness...
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china needs to consume a lot of food. the bullish bets and live cattle more than doubled in the latest week. also, one other area i want to point out is copper. china is the biggest consumer of copper in the world. pouring into the copper market, up about 6%. if we continue to get good news out of china, a lot of analysts expecting those copper prices to go higher. back to you. lori: great. let's get an update on the stock market with lauren simonetti. >> let's talk tech right now. they have been higher in 13 of the past 15 trading days. pushing closer to the ipo price of $38. last time we were there was in may on ipo day. november was its best month since being a public company. recently, facebook, ceo, mark zuckerberg, hosted a dinner in silicon valley. just imagine what they discuss. he met with king.com, electronic arts, all of these guys. they were talking about ways that monetize from social games. this, of course, in the wake of what happened with zynga last week. they are down 5% today. connell: our big question t
china needs to consume a lot of food. the bullish bets and live cattle more than doubled in the latest week. also, one other area i want to point out is copper. china is the biggest consumer of copper in the world. pouring into the copper market, up about 6%. if we continue to get good news out of china, a lot of analysts expecting those copper prices to go higher. back to you. lori: great. let's get an update on the stock market with lauren simonetti. >> let's talk tech right now. they...
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Dec 19, 2012
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the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed unfairly low. the news from the commerce department comes as u.s. officials welcomed a high-level chinese delegation for trade and economic talks. the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swiss bank admitting to fraud, it paying bribes to brokers. and pervasive, they call it manipulation of libor by dozens of staff. the penalty was agreed to with u.s., u.k., and swiss regulators. it is mo
the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed...
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Dec 26, 2012
12/12
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it's not in china play. no, they have a small percentage of their sales in china and some tourist business here so you can forget about that, but even if it were, china sales are down. >> and i think we're saying the same thing in essence. my belief is, look, they're coming after this consumer discretionary spending. they came after the luxury end. they came after coach. there's not much juice to squeeze out. on the other side of that that gives the potential for coach to rally. >> i'd rather go to nordstrom. i'd rather play the luxury end. >> why nordstrom? >> i'm not counting on coach and coeurs. the high end consumers, there are have i few places for them to go in terms of broad line. >> the high end consumer rolls over altogether both you guys lose? >> absolutely. what i'm saying is that you're going to lose less. in the luxury space i mentioned before tiffany, i think the benefit that you have with tiffany, this is another name that you could play, is you've got that exposure to the potential recovery i
it's not in china play. no, they have a small percentage of their sales in china and some tourist business here so you can forget about that, but even if it were, china sales are down. >> and i think we're saying the same thing in essence. my belief is, look, they're coming after this consumer discretionary spending. they came after the luxury end. they came after coach. there's not much juice to squeeze out. on the other side of that that gives the potential for coach to rally. >>...
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Dec 3, 2012
12/12
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. >> who lost china? >> the u.n. votes for palestine as a non-voting observer state. >> progress cannot be made by pressing agree voting button in this hall, nor does passing any resolution to create a state where none exists or change the reality on the ground. >> speaking of susan rice, there she is, the u.n. ambassador to the general assembly voted on thursday by a large amount and to upgrade palestine from its status as an observer entity to an observer state. the united states opposed this, as you just heard from susan rice. why is it a bad idea? >> the united states and israel put intense pressure on abbas and the palestinians not to bring it up, and the palestinians had already decided to bring it up. there is a rule in politics -- when you have the votes, a vote. they have the votes. i believe behind it was an attempt to buttress and support the palestinian authority, which has been eclipsed by hamas, it is strengthening its hand -- into strengthening its hand, that hamas had become the paramount force in the
. >> who lost china? >> the u.n. votes for palestine as a non-voting observer state. >> progress cannot be made by pressing agree voting button in this hall, nor does passing any resolution to create a state where none exists or change the reality on the ground. >> speaking of susan rice, there she is, the u.n. ambassador to the general assembly voted on thursday by a large amount and to upgrade palestine from its status as an observer entity to an observer state. the...
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Dec 28, 2012
12/12
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all of those things lead us to be believers in the china story. on europe we've been early and big believers in the draghi road map. yes they're in a mild recession. we think they come out of it in the second half. >> which is why i'm going more toward the second half. >> but the debt markets, the sovereign credit markets we think remain stable. and u.s. equities are more correlated to the spanish and italian bond yields than they are to european gdp. we likehe european influence next year. >> let's say your focus is more on the united states right? if you're buying stocks, you believe your thesis that we're going to get to 1550 at a minimum consumer discretionary is tops on your list the second best performing sector this year behind financials. you think that continues to work why? >> we've seen profit taking on the cliff but by the same token this is an area that has the most to gain if we get a cliff deal and that is our base case. we also like industrials. there we don't think the china recovery and the better tone in europe are fully priced.
all of those things lead us to be believers in the china story. on europe we've been early and big believers in the draghi road map. yes they're in a mild recession. we think they come out of it in the second half. >> which is why i'm going more toward the second half. >> but the debt markets, the sovereign credit markets we think remain stable. and u.s. equities are more correlated to the spanish and italian bond yields than they are to european gdp. we likehe european influence...
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Dec 26, 2012
12/12
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industrial metals that got a boost as we saw rallies in asia on hopes that maybe this new regime in china is going to be spending more helping to prop up the property department there, housing, than might mean more demand for industrial metals. copper today, the standout in part because of that. also, a different note, the s.e.c. ahead of the holiday delayed a decision on the proposed etf, according to the "wall street journal," the etf would hold twice as much copper in terms of holdings compared to the jpmorgan holding approved on december 14th. >> i think 182,000 physical tons they could take off the market. we'll revisit it later. for a moment, thank you. bob pisani is joining me on the floor of the nyse. the big discussion is about retail and what the figures from mastercard tell us. >> i just want to point out that the dow industrials dropped in the middle of the day. there had been some concern the house leadership which is all coming back now did not send out a 48-hour notice to their membership requiring all the members to show up and vote, even though there's no fiscal cliff dea
industrial metals that got a boost as we saw rallies in asia on hopes that maybe this new regime in china is going to be spending more helping to prop up the property department there, housing, than might mean more demand for industrial metals. copper today, the standout in part because of that. also, a different note, the s.e.c. ahead of the holiday delayed a decision on the proposed etf, according to the "wall street journal," the etf would hold twice as much copper in terms of...
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Dec 15, 2012
12/12
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FBC
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shares of apple got a one-two punch today. iphone 58 debuted in china but to tepid demand. ubs also lowered its price target on apple's stock to 700 bucks down from 780 bucks. >>> what goes up must come down. best buy's shares soared yesterday. its founder was offering up to $6 billion to ke it private but best buy says it has prolonged the time frame for an offer until after the holiday season. shares tumbled more than 14%. >>> on to our top story the senate will vote on a $64 billion aid package for superstorm sandy on monday but the cbo says, nine approximately, just nine billion of that spending will be spent overthe next year. to top it off, a ton of the cash is earmarked for long-term infrastructure spending. wi the fiscal cliff looming, the nation's finances already stretched thin, do we really need another pork-laced spending bill? here with more is steve ellis, vice president of taxpayers for common sense. appreciate you being with us in new york city tonight. for instance some of the spending in this pork-ladened bill would provide one millio dollars for trees in
shares of apple got a one-two punch today. iphone 58 debuted in china but to tepid demand. ubs also lowered its price target on apple's stock to 700 bucks down from 780 bucks. >>> what goes up must come down. best buy's shares soared yesterday. its founder was offering up to $6 billion to ke it private but best buy says it has prolonged the time frame for an offer until after the holiday season. shares tumbled more than 14%. >>> on to our top story the senate will vote on a...
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Dec 17, 2012
12/12
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you mentioned the copper, the china plays. the comments. the caterpillars of the world. >> remember when ets, used to buy the actual commodity, i don't know how much, but i do see there's a lot of things that tell me that it indicates maybe we reverse. i don't like big up monday openings. i feel like they often tend to fool people. the empire was not good. it's mixed here. it's just definitively mixed. we're thirsty for those earnings. oracle could be big. ge analysts' meetings could be big. >> it is expected to give guidance for 2013. there's a 2:00 p.m. eastern time conference call, i believe, associated with that. so we may be learning some things in terms of at least our expectations next year from ge. increased its dividend last week, that not that long ago during the financial crisis was cut. rather substantially. over the last year, ge capital has begun paying a dividend yet again to its parent ge. and so it will be interesting to hear. we should point out ge still owns 49% as well as universal. >> ge made a major move. into oil and
you mentioned the copper, the china plays. the comments. the caterpillars of the world. >> remember when ets, used to buy the actual commodity, i don't know how much, but i do see there's a lot of things that tell me that it indicates maybe we reverse. i don't like big up monday openings. i feel like they often tend to fool people. the empire was not good. it's mixed here. it's just definitively mixed. we're thirsty for those earnings. oracle could be big. ge analysts' meetings could be...
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Dec 13, 2012
12/12
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group of disputed islands in the east china sea. japan this past fighter jets and launched an official complaint with -- japan dispatched fighter jets and launched an official complaint. the islands are claimed by both japan and beijing. >> palin's prime minister has been charged with murder. the charges relate to the death -- thailand's prime minister has been charged with primer. the charges relate to the death of a tax dry -- taxi driver. >> the south pacific island nation of samoa has been lashed by a cyclone. the storm and damaged buildings, uprooted trees, and caused flooding. officials have declared a state of emergency. no injuries have been reported. >> an autopsy has confirmed that the prisoners committed suicide after being caught up in a prank phone call -- that a british nurse committed suicide after being caught up in a prank phone call. two australian radio jockeys have apologized for the prank. a suicide note was found near where the nurse was hanged. >> a special report on japan, which goes to the polls this sunday.
group of disputed islands in the east china sea. japan this past fighter jets and launched an official complaint with -- japan dispatched fighter jets and launched an official complaint. the islands are claimed by both japan and beijing. >> palin's prime minister has been charged with murder. the charges relate to the death -- thailand's prime minister has been charged with primer. the charges relate to the death of a tax dry -- taxi driver. >> the south pacific island nation of...
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Dec 4, 2012
12/12
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you better get your un-american pig ass to china. >> pigbitch. >> stephanie: right. [ applause ] >> stephanie: so that's, you know, an ordinary day for me. how many all y'alls open your indexes and get stuff like that. >> not every day. >> stephanie: have you ever been called a pigbitch? >> never. >> you don't read your twitter feed either. >> stephanie: is that a problem? >> no. [♪ "world news tonight" theme ♪] >> stephanie: okay. i teased this, and then forgot to do it. you know what the latest obama conspiracy theory is? >> what? >> stephanie: that he is trying to get a third term. >> oh right. [♪ "world news tonight" theme ♪] >> stephanie: he'll need a third term to get the rest of your guns. >> oh. >> stephanie: quarter stands burry is now trying to cash in on some of the public's dislike of president obama. on monday over a listener previously devoted to newt gingrich's presidential campaign, he warned that president obama is secretly trying to seek a third term. [♪ mysterious music ♪] >> stephanie: he said the election was actually at steak was whether or not he will have a
you better get your un-american pig ass to china. >> pigbitch. >> stephanie: right. [ applause ] >> stephanie: so that's, you know, an ordinary day for me. how many all y'alls open your indexes and get stuff like that. >> not every day. >> stephanie: have you ever been called a pigbitch? >> never. >> you don't read your twitter feed either. >> stephanie: is that a problem? >> no. [♪ "world news tonight" theme ♪] >>...
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Dec 5, 2012
12/12
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market relative to china. now roughly 60% of mexico's gross domestic product is in kansas city southern rail, and kansas city southern's mexico business grew auto volumes in an astounding 31% clip in the last quarter. who's got that kind of industrial growth? and the company expects growth to continue in that solid double digit range. what's more, kansas city southern currently serves nine auto plants in mexico, but nissan, honda, mazda and audie will be opening plants. crazy, huh? bmw. over the time frame, mexican auto production is expected to surge from 2.5 million vehicles a year to 3.5 million. i think that's low versus what will ultimately be. and kansas city southern think they will have 60% auto shares. kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding, how much do
market relative to china. now roughly 60% of mexico's gross domestic product is in kansas city southern rail, and kansas city southern's mexico business grew auto volumes in an astounding 31% clip in the last quarter. who's got that kind of industrial growth? and the company expects growth to continue in that solid double digit range. what's more, kansas city southern currently serves nine auto plants in mexico, but nissan, honda, mazda and audie will be opening plants. crazy, huh? bmw. over...
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Dec 27, 2012
12/12
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they expand their presence in china. year to date. on a serious note, serious topic. smith and wes son, that stock moving higher again today. another $15 million buy back. there it is, $20 million buy back. maybe sadly we know that gun sales have, indeed, risen lately. the vix. the volatility index. measure of fear in the market, if you will, back above 20 for the first time since july 25th mandy. >> maybe it's about time. >>> in the meantime, commodities have had their ups and downs in 2012. will the roller coaster continue in 2013. we have some predictions. >> reporter: resources that come out of the ground hinge on everything from the weather to how easily it's found in nature. the worst drought in nearly 50 years sent agricultural commodities skyrocketing in the summer. wheat, soy beans, oats, and especially corn were some of the best performers in the market. in light of the devastation to many crops, farmers will ramp up plantings to record levels. and if weather patterns return to normal, then production will reach new highs and pressure grain prices along the
they expand their presence in china. year to date. on a serious note, serious topic. smith and wes son, that stock moving higher again today. another $15 million buy back. there it is, $20 million buy back. maybe sadly we know that gun sales have, indeed, risen lately. the vix. the volatility index. measure of fear in the market, if you will, back above 20 for the first time since july 25th mandy. >> maybe it's about time. >>> in the meantime, commodities have had their ups and...
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Dec 27, 2012
12/12
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in his holding cell in china. gerri: regulators didn't see the last crisis. the kelihood is not high. but what more regulators would look at? >> fairly narrow things like the liquidity risk, interest rate risk, different things happening in the financial markets. now, what they are trying to do is look more broadly. for example, what sort of risk management systems these banks have in place? are they planning for the next ceo? are they communicating to the employees what sort of risks they want to undertake? gerri: didn't we see that with jpmoan chase? they made the big a big bet and lost a ton of dough? >> exactly. you can consider regulators are trying to take a more holistic approa -- pardon me for using outward. gerri: if they only knew how. they are so far away from what really goes on in these prints. it's hard for them to even understand businesses. how likely do you think it is that we will have another bailout? >> i think that obviouslwhen we have the next crisis, certainly the question will be when interest rates go up what will happen? it also rais
in his holding cell in china. gerri: regulators didn't see the last crisis. the kelihood is not high. but what more regulators would look at? >> fairly narrow things like the liquidity risk, interest rate risk, different things happening in the financial markets. now, what they are trying to do is look more broadly. for example, what sort of risk management systems these banks have in place? are they planning for the next ceo? are they communicating to the employees what sort of risks...
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Dec 30, 2012
12/12
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you can come here from haiti, somalia, china, mexico, in calista's case her grandparents came from switzerland and poland, in my case they came from places like scotland and ireland. you can come from anywhere, and you can learn to be an american. but to do that, the you have to learn to be an american. and if you have an academic elite and a news media elite and an entertainment elite who are opposed to teaching you how to be american, you cut off the life blood of this country. that's why we have an american legacy tour. now, several people said when they found out i was coming out here that if i'm going to come out here and talk about george washington, which to a lot of people seems a long way off, and i talk about sweet land of liberty and land of pilgrim's pride, both of callista's books have become bestsellers, it's actually about the 13 controlnies. her mother, who's now 80, wrote her and said you should not say this is for 4-8 years old, this is for 4-80 years old because nobody has studied the colonies and, therefore, it's brand new information for everybody. somebody said to me, oka
you can come here from haiti, somalia, china, mexico, in calista's case her grandparents came from switzerland and poland, in my case they came from places like scotland and ireland. you can come from anywhere, and you can learn to be an american. but to do that, the you have to learn to be an american. and if you have an academic elite and a news media elite and an entertainment elite who are opposed to teaching you how to be american, you cut off the life blood of this country. that's why we...
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Dec 6, 2012
12/12
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china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best products in the world and it's inexpensive. >> that's a lot of people looking at the chart. >> look again, the people who own apple, they were the ones who owned it because it was going up. it reminds me very much in 1999, what do i do with my nortel, it's at 110. in the meantime, roth, the ceo gives a session, an off the record session, or a session where he bashed 15 people. and said you know what? we're going to miss the numbers really big. apple is not nortel, but it trades like those that do and people get into the rut of saying i got
china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best...
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Dec 7, 2012
12/12
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how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i don't want to write-off yum. i feel like this was so devastating. i got to see something positive before i can come on this show and say buy it. >> how about wsm? >> here's a terrific report. they say the growth story is unappreciated. william sonoma next week pier 1 reports next week restoration hardwa hardware. everything in the house is doing better. possible sandy story. possible employment story. where would those employment numbers be had it not been for sandy? business is real good for ll. no one wants to say our business is great because of sandy because of the loss of life and the
how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i...
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Dec 14, 2012
12/12
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and china, they played hard ball in china. anybody who has played hardball in china has not succeeded. like google. first amendment, you know, tiananmen square. what's the first amendment in china, i don't think it's free speech. >> i don't think so. >> interstate commerce is as powerful as anything. >> tear down a neighborhood at any moment. >> another $156 million shares eligible for social, the social network rallied after last month's expiration and shares up 25% since the middle of november. november 14th, we went into it thinking we'd get hurt. it ended up 12.6% that day, up 250. >> it did decline prior to that, in anticipation of the expiration. >> after a big run. it's got to digest. again, this is an interest per share situation. things are done at facebook that would justify the stock going higher. the short base was gigantic. do you sense a big run? >> i think the dynamic did change after the last quarter. and the discussion you talked about, we talked about it a great deal, what the trends really appeared to be in
and china, they played hard ball in china. anybody who has played hardball in china has not succeeded. like google. first amendment, you know, tiananmen square. what's the first amendment in china, i don't think it's free speech. >> i don't think so. >> interstate commerce is as powerful as anything. >> tear down a neighborhood at any moment. >> another $156 million shares eligible for social, the social network rallied after last month's expiration and shares up 25%...
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Dec 19, 2012
12/12
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china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through their stories, and you say, not only did they not extend themselves during this downturn, they conserved a lot of cash. by the way, humans did, too, in america. have you seen the numbers that the federal reserve put out last night about how much money is being -- how little debt is being taken down by citizens. we're back to levels of the '90s. federal household debt service came out last night. the percentage of disposable income is 14%, down to 10%. that's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from over
china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through...
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Dec 28, 2012
12/12
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when we look at the tax policies of japan, china, brazil, other people we're competing for in a global economy we need to keep those rates low. keeping the rates low encourages businesses to commit long-term capital signatures, grow jobs, and grow personal income. >> i know you're a, you know, i know you're a giver, give, give, give. all you're worried about are your investors. what about southern company? why are you so on the dividends -- how does it affect southern company what happens with dividends and capital gains? >> well, it impacts southern as it impacts every other company in our industry. you know, when you think about the electric utility industry, we are a low beta kind of industry. we are low risk and typically we have a relatively attractive dividend yield. the general formation of return to investors is about 50% dividend yield and about 50% growth and earnings per share. so it's critically important for our industry which interestingly is one of the great contributors to employment growth and variety of other things. we spend about $90 billion a year in cap-ex restori
when we look at the tax policies of japan, china, brazil, other people we're competing for in a global economy we need to keep those rates low. keeping the rates low encourages businesses to commit long-term capital signatures, grow jobs, and grow personal income. >> i know you're a, you know, i know you're a giver, give, give, give. all you're worried about are your investors. what about southern company? why are you so on the dividends -- how does it affect southern company what happens...